Home Depot closing 15 underperforming US Stores
May 1st, 2008 by Michael Julson
Home Depot announced that they are closing 15 underperforming stores affecting ~1300 store associates. It appears that the housing market problems have gone on for too long and Home Depot has to make adjustments. They say that they are still planning on opening 55 new stores in their 2009 fiscal year.
Tags: economy, Retail, store closings